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Environmental Stewardship

We understand the environmental impacts that our logistics real estate facilities, development and operating activities can have. We develop solutions that allow our business and our customers to grow and thrive while minimizing environmental impacts.

Prologis Green Bond

Green bonds are used to fund investments in environmentally friendly projects in accordance with our Green Bond Framework. Prologis announced the pricing of its first green bond on March 1, 2018, by one of its co-investment vehicles, Prologis European Logistics Fund (PELF). Subsequent green bonds were issued by co-investment vehicles, including Nippon Prologis REIT (NPR) in August 2018 and PELF again in November 2018 and July 2019.

Proceeds will fund investments in, or refurbishments of, properties, which have or will receive certain levels of LEED, DNGB, BREEAM, HQE or CASBEE certifications or result in environmentally beneficial improvements to boost energy and water efficiency or support renewable energy production, such as LED lighting, cool roofing, and rooftop solar installations.

Certified Facilities

LEED, or Leadership in Energy & Environmental Design, is the U.S. Green Building Council’s (USGBC) rating system for building sustainability standards in more than 150 countries. including the United States, Canada, Brazil, Mexico, Italy and France.

BREEAM, or Building Research Establishment’s Environmental Assessment Method, is the sustainability rating system for buildings in over 75 countries, including those in the UK, the Netherlands, Germany and Poland.

ISO14001

Prologis has established a global Environmental Management System that is implemented, maintained and continuously improved in accordance with the requirements of ISO 14001:2015, and which is externally certified by DNV GL. Prologis’ development management activities have been certified under ISO 14001 in the UK and Europe since 2008, in North America since 2016, and in Japan since 2018.

Environmental Goals and Accomplishments for 2018

Goal

100% of new development designed with a goal of certification where recognized sustainability rating systems are available

11 MW of solar installations resulting in 186 MW of total generating capacity

Sustainable Design Features of Prologis Buildings

At Prologis, we know that our buildings will make an impact on the communities where they are located and the people who work inside of them. They become part of the local landscape and remain there for many years.

Science Based Target

In 2018, Prologis became the first logistics real estate company with an approved Science Based Target (SBT): Prologis commits to reduce absolute scope 1 and 2 GHG emissions 21 percent by 2025 and 56 percent by 2040 from a 2016 base-year. Prologis also commits to reduce absolute scope 3 GHG emissions 15 percent by 2025 and 40 percent by 2040 from a 2016 base-year.